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Oracle 1z1-506 Exam Syllabus Topics:

Oracle Fusion Financials 11g Accounts Receivable Essentials Sample Questions:

1. Your company operates in an environment of a highly inflationary economy and fluctuating exchange rates.
Which data conversion level should you use?

A) Only Subledger Level
B) Subledger Level or Journal Level
C) Adjustment Only
D) Only Journal Level
E) Balance Level

2. Which functionality is NOT provided by the Receivables to Ledger Reconciliation Report?

A) Graphical and visualization components for viewing the reconciliation details
B) The reasons for the reconciling differences
C) Drilldown to see reconciling details
D) Limiting the display using the ad hoc parameter
E) Drilldown to see what needs to transfer and post to the general ledger

3. Select three values that the dunning letter generation program includes.

A) Credit memo
B) Invoice
C) Unapplied
D) Debit memo
E) Prepayments

4. An interactive report is based on real-time data and is always user interactive. What is true about Interactive reports?

A) The user can NOT drill down from the Interactive reports user interface
B) The user can enter parameters to limit the information to be included.
C) The report is always ad hoc.
D) Interactive reports ALWAYS require an ESS program to be run.

5. Select two values that are set up in Correspondence Configuration.

A) Exclude from dunning
B) Rerun the dunning process
C) Dunning configuration set
D) Dunning letter options

Solutions: